Proportion of provident fund payment:
The basic deposit ratio of housing provident fund is: unit 12% and individual 9%.
Deposit method
1. Transfer cheque and direct cash deposit (cash delivery book must be filled in).
2. Remittance by bank
3. Entrusted bank collection method
4. Withdraw housing funds
Regulations on the administration of housing provident fund
According to the Decision of the State Council Municipality on Abolishing and Amending Some Administrative Regulations on March 24th, 20 19, the Regulations on the Management of Housing Provident Fund was revised.
Specifically including:
The second paragraph of Article 13 is amended as: "The unit shall register the deposit of housing provident fund with the housing provident fund management center, and go through the formalities for the establishment of housing provident fund accounts for employees. Each employee can only have one housing provident fund account. "
Article 14 is amended as: "A newly established unit shall, within 30 days from the date of establishment, register the deposit of housing provident fund with the housing provident fund management center, and go through the formalities for the establishment of housing provident fund accounts for employees within 20 days from the date of registration.
"In the event of merger, division, cancellation, dissolution or bankruptcy of a unit, the original unit or liquidation organization shall go through the formalities of change or cancellation of registration at the housing provident fund management center within 30 days from the date of the above-mentioned situation, and handle the formalities of transfer or sealing of housing provident fund accounts for employees of the unit within 20 days from the date of completing the change or cancellation of registration."
Article 15 is amended as: "Where a unit employs employees, it shall go through the deposit registration at the housing provident fund management center within 30 days from the date of employment, and go through the formalities for the establishment or transfer of employee housing provident fund accounts.
"If a unit terminates the labor relationship with its employees, it shall, within 30 days from the date of termination of the labor relationship, go to the housing provident fund management center for change registration, and go through the formalities of transferring or sealing the employee housing provident fund account."